
Dubai sets crude price at parity to DME Oman
Reuters reported that Dubai has set its official differential to Oman futures for September at parity down from a premium of 10 cents a barrel from the previous month.
The Dubai Department of Petroleum Affairs said that The differential will be applied to the average of daily settlements for the front month July Oman contract at the end of July to set Dubai's official selling price for September loading crude.
Source - Reuters
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